Second hand assets

Machinery breakdown, new contracts, rapid expansion, environmental worries…these and many more reasons may mean you need equipment quickly and for a low cost. The advantages of acquiring second hand is that it provides business owners with more choice. Second hand equipment can often be overlooked by major lenders but Classic Funding Group is happy to lend to you to help you acquire or rent these assets.

Repay ATO debt

At one point or another, otherwise healthy, thriving businesses find themselves with an ATO debt due to unforeseen circumstances, such as a natural disaster affecting business operations, a major client going out of business or management buy-outs temporarily depleting cash flow.

Even if ATO payment plan obligations are being met, these businesses are often prevented from obtaining further lines of credit. This often limits access to funds and puts pressure on business cash flow and inhibits growth.

In these situations, our experienced team take the time to understand the circumstances to propose a finance solution that assists the business to payout their ATO debt and remove this impediment in seeking further lines of credit.